Alexander Kofi-Mensah Mould, Chief Government Officer of the Millennium Growth Authority (MiDA), has assured native and worldwide traders that initiatives below Ghana’s 24-Hour Financial system and Accelerated Export Growth (24H+) initiative will not be solely viable but additionally constructed on robust foundations of transparency and accountability.
Talking on the 24H+ Capital Market Operators Roundtable in Accra, Mr. Mould addressed considerations raised by capital market gamers about government-related funding dangers.
Members cited challenges comparable to corruption in procurement processes, political interference in contract execution, and the historic sample of discontinuing improvement initiatives after adjustments in authorities.
Mr. Mould — a revered finance professional and former Government Director at Commonplace Chartered Financial institution — responded with confidence, emphasizing that these 24-hour economic system initiatives are “bankable.” He defined that every challenge has undergone thorough vetting, backed by feasibility research, clear regulatory frameworks, and well-structured threat mitigation methods.
“Bankability signifies that investor capital is protected and anticipated to yield returns,” Mr. Mould said. “We’re not simply providing concepts — we’re presenting executable, results-driven initiatives.”
Highlighting MiDA’s robust execution historical past, Mr. Mould reminded the viewers of the Authority’s profitable supply of over $1.1 billion value of multi-sector initiatives throughout infrastructure, vitality, and agriculture — all funded by the U.S. Millennium Problem Company. “We did it below among the world’s most rigorous requirements,” he famous. “Now, we’re able to do it once more — quicker, higher, and smarter.”
He emphasised that for Ghana to understand its financial ambitions, succesful and clear establishments should take the lead. “That’s what MiDA brings to the desk — a confirmed observe document, executional rigor, and the flexibility to show coverage into real-world impression,” he mentioned.
Including additional weight to the dialogue, Augustus Obuadum Tanoh, Presidential Adviser on the 24-Hour Financial system and Accelerated Export Growth, outlined how the initiative intends to leverage capital markets to fund the nation’s bold plans.
He mentioned the roundtable targeted on key enablers comparable to mobilizing each home and international investments, managing dangers related to prolonged operational hours, and guaranteeing long-term sustainability of the coverage.
“The 24-hour economic system isn’t nearly extra work — it’s about smarter financial structuring that fuels job creation, helps infrastructure, and drives export-oriented development,” Mr. Tanoh defined.
Highlighting the significance of accountability, Nana Dwemoh Benneh, Chief Government of the Ghana Infrastructure Funding Fund (GIIF), emphasised that common progress studies—masking challenge milestones, monetary efficiency, and alignment with strategic objectives—will likely be shared with stakeholders.
He added that unbiased exterior auditors will assessment GIIF’s monetary actions, alongside impression assessments to measure how investments are driving infrastructure improvement throughout the nation.
The occasion marks a big step towards aligning Ghana’s monetary sector with its daring imaginative and prescient for steady, inclusive, and resilient financial development — a imaginative and prescient MiDA and its companions are decided to show into actuality.
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DISCLAIMER: The Views, Feedback, Opinions, Contributions and Statements made by Readers and Contributors on this platform don’t essentially signify the views or coverage of Multimedia Group Restricted.
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